Treasury Secretary Scott Bessent said it is “very unlikely” the Supreme Court will overturn President Donald Trump’s use of emergency powers to impose tariffs, with a ruling possibly coming as soon as this week.
“I believe that it is very unlikely that the Supreme Court will overrule a president’s signature economic policy,” Bessent said during an appearance on Meet the Press. “They did not overrule Obamacare. I believe that the Supreme Court does not want to create chaos.”
Last month, the Supreme Court upheld a key provision of the Affordable Care Act that allows a federal panel to recommend preventive services insurers must cover at no cost to patients, CNBC reported.
Bessent’s remarks came one day after Trump announced plans to impose a new round of tariffs on European goods until what he described as “a Deal is reached for the Complete and Total purchase of Greenland.”